A meta-goal programming model for selection in a firm in a multi-product multi-vendor multilocation situation

Document Type

Article

Publication Date

1-1-2017

Abstract

In order to accomplish the goals of maintaining an effective supply chain, the firm needs to establish and maintain long-term relationships with its suppliers. Most supply chain problems inherently involve multiple conflicting criteria. Risks in the supply chain are dynamic in nature. While some risks can be either reduced or eliminated, new ones will appear. This chapter will focus on the development of a mufti-criteria model using meta-goal programming to develop a supplier selection process. The goals of the model include (1) the minimization of the net cost for all items, (2) the minimization of the defective items, and (3) the minimization of late-delivered items.

Identifier

85019087280 (Scopus)

Publication Title

Applications of Management Science

External Full Text Location

https://doi.org/10.1108/S0276-897620170000018004

ISSN

02768976

First Page

87

Last Page

92

Volume

18

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